Robert Herz

FDIC: New Accounting Rules That Would Move

nytimes.com | FLOYD NORRIS | Posted 05.25.2011

Read More: Structured-Investment-Vehicle, Fdic, Financial Accounting Standards Board, Robert Herz, Financial Crisis, Sheila Bair, Accounting, Business News

Did accounting help cause the financial crisis? A minuet playing out now is showing that the answer is yes -- but not in the way the banks want us to...

Read Whole Story

Ryan Grim

New Rule Would Allow Banks To Choose Values Of Their Assets

HuffingtonPost.com | Ryan Grim | Posted 05.25.2011

Read More: Financial Accounting Standards Board, Mark-to-Market, Nancy Pelosi, Robert Herz, Politics News

The Financial Accounting Standards Board quietly buckled to banking-industry pressure last week and proposed new accounting practices that would allow...

Read Whole Story

Ryan Grim

Regulator: Before Banks Collapsed, They Pleaded With Feds To Let Them Fudge Their Books

HuffingtonPost.com | Ryan Grim | Posted 05.25.2011

Read More: Robert Herz, Alan Grayson, Mark to Market, Video, Politics News

Before financial institutions have collapsed over the past several months, they have come to the Financial Accounting Standards Board, pleading for a ...

Read Whole Story